Live Frankfort listings updated daily from the MLS — plus what local buyers should know before making a move.
Townhomes are Frankfort’s low-maintenance sweet spot — more space than a condo, none of the acreage upkeep that defines the village’s estate stock, and locations that put downtown within reach. The market has two anchors: Founders Place, the established 98-unit community on La Grange Road a block from Breidert Green where resales have recently traded from $450K to the low $600s, and Misty Creek, where Flaherty Builders is delivering 32 new ranch and two-story townhomes off Laraway Road from about $630K. Between them sits scattered older attached stock that trades less often.
Looking for help narrowing down your search? Call or text Kealan at 630-381-4995 for a personalized list of homes that match your budget and priorities.
Active listings pulled directly from the MLS.
At Founders Place, expect 1999–2005 construction from about 2,200 to nearly 4,000 square feet — unusually large for townhomes — with attached garages and association fees around $300–$355 monthly covering exterior, lawn, and snow. At Misty Creek, expect new construction: ranch-first plans around 2,100 square feet in duplex and triplex layouts, built for buyers who want main-floor living with today’s mechanicals. Both deliver the lock-and-leave lifestyle; the choice is established-and-walkable versus new-and-warrantied.
Founders Place’s location is its argument: out the door to the Old Plank Road Trail, Breidert Green, the Sunday Country Market, and the Kansas Street restaurants — the fullest walk-to-downtown lifestyle in the village. Misty Creek’s argument is newness plus setting: a pond-and-garden site adjacent to Hickory Creek Middle School, minutes from US 45 for the Metra drive and from downtown for everything else. We know both associations and can brief you on fees, rules, and rental policies before you tour.
Compare total monthly cost, not list price: a townhome fee that covers roof, siding, lawn, and snow replaces real line items you’d pay on a detached home. Review association documents during attorney review — reserves, pending projects, rental caps. On new construction at Misty Creek, use your own representation for the builder contract and option pricing; it costs you nothing and changes outcomes. Conventional financing dominates; confirm warrantability early on any association.
Frankfort townhome supply is structurally short — two main communities, modest turnover, and steady downsizer demand from within the village. Well-priced Founders Place resales often see multiple offers, and Misty Creek’s 32 homesites are a finite window. If the lock-and-leave lifestyle is your goal, set alerts now and move decisively when your floor plan appears.
Whether you are just starting your search or ready to schedule a showing, Kealan O’Neil is here to help you every step of the way.